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18 Jun 2010, 6:15 am
The LLC operating agreement should address whether the LLC is going to be member-managed or manager-managed, and should outline what powers the members and/or managers will have. [read post]
14 Jan 2018, 10:08 am
Shu-Yi Oei and Diane Ring of Boston College Law School have posted Is New Code Section 199A Really Going to Turn Us All into Independent Contractors? [read post]
12 Dec 2007, 10:41 am
But I am not sure that setting up an LLC would be necessary on the liability side. [read post]
16 Jun 2021, 4:19 pm
Knispel, LLC. [read post]
4 Oct 2022, 9:55 am
The LLC statutes in most states require expulsion. [read post]
14 May 2012, 2:07 pm
I’m not an accountant nor a tax attorney, so I’m not going to give too much advice on taxes, but I’ll give you some basics. [read post]
22 Jun 2012, 7:34 am
Go for it. [read post]
21 Mar 2016, 3:28 am
The other members replied in a pair of letters stating that, going forward, there would be no profit distributions; that members would be paid salaries for services; accusing Bonanni of favoring Fonar’s interests above the LLC’s; directing him not to take any actions on the LLC’s behalf; noting that “[a]t the last Board meeting on April 26, 2005, attended by all members, you announced your decision to… [read post]
24 Jul 2012, 9:08 am
The revisions to the Connecticut Practice Book have been finalized and will go into effect in January, 2013. [read post]
19 Mar 2020, 10:35 am
The Debtors also filed the declaration of Amy Lee (the “Lee Declaration”) (Doc. 5), a senior director at Alvarez & Marsal North America, LLC (“Alvarez”), the financial advisor to the Debtors. [read post]
22 Oct 2014, 10:40 am
The post Can Creditors Go After My Assets if I file for Bankruptcy on Behalf of My Company? [read post]
13 Sep 2008, 2:56 am
What about the rising popularity of the limited liability company (LLC)? [read post]
13 Mar 2018, 8:36 am
McLaughlin & Nardi, LLC, welcomes aboard the firm’s newest member, Pauline Young. [read post]
14 Jul 2016, 6:00 am
As the TTAB ruled earlier this year in Noble House Home Furnishings, LLC v. [read post]
16 Oct 2014, 8:25 am
Sacramento area business and real estate attorneys are occasionally asked by clients withe judgments what can be done to go after the members, managers, directors or shareholders. [read post]
15 Mar 2012, 4:44 am
Go ahead and make the election. [read post]
30 Apr 2018, 3:25 am
You know there’s something unusual going on in a case involving a dispute between co-members of an LLC — a form of business entity that didn’t exist in New York until 1994 — when the key legal precedents cited in the parties’ briefs date from the nineteenth and early twentieth centuries. [read post]
15 Apr 2013, 3:40 am
Under LLC Law § 604, the assignee becomes a member of the LLC only upon the consent of the other members. [read post]
9 Dec 2019, 1:05 am
Rather, the statute requires an evidentiary showing of the LLC’s financial infeasibility or that it is no longer capable of fulfilling its intended purpose. [read post]
9 Nov 2020, 3:31 am
The Court Denies Lard-PT’s Summary Judgment Motion Amidst much procedural maneuvering which I won’t go into, and following Kolmar’s filing in Delaware Chancery Court of a petition to dissolve PTP, Lard-PT moved for summary judgment on its claim to enforce Kolmar’s alleged obligation to purchase its 49% membership interest for at least $7.75 million assuming Lard-PT breached Section 10.2 (d) of the LLC agreement or $13.75 million if Kolmar breached that same… [read post]
